Copper
Support at 343 and Resistance at 349---352
Two consecutive closes below 343 will take to 335---328 mark
in days to come else it could test its resistance level of 349---352 again
Further upside rally seen only close above 352 mark
Traders can sell copper on rise with strict stop loss above
352 on closing basis
Zinc
Told to sell around 116.20---116.40. Slipped and made a low
of 114.45 and now trading around 114.80
Now what to expect???
Close below 114 will see further panic till 112---110.50
mark in days to come else it could test its resistance level of 116.50---118.00
again
Chances are unlikely to move upside... So any sharp rise
will be selling opportunity but trade with levels only
Lead
Support at 115.50 and Resistance at 118.50
Two consecutive closes below 115.50 will take to 113---112
and then to 110 mark in days to come else it could test its resistance level of
118.50 again
Three consecutive closes + weekly close above 118.50 will
take to ???
Trade with levels only
Aluminium
Told to sell Aluminium below 99.40. Just made a low of 98.35
Three consecutive closes + weekly close below 99.40 will see
free fall in days to come
On rise sell it!! Stop loss intact 100.80
Nickel
Support at 670 and Resistance at 700
Two consecutive closes below 670 will take to 640---625 and
then to 610 mark in days to come else it could test its resistance level of 700
again
Further upside rally seen only close above 700 mark
More will be update soon!!
